Finally, we are moving into the right direction and GE with its purchase of 25000 EVs is giving the robust start to electrification of commercial fleets. There are 16 million Fleet Vehicles and adoption rate among them can be much faster than for the consumer market - it is the mass market for electric cars on its own only in the U.S.! This development could be a real jump start for the all EV industry. You can find all Top 50 commercial fleets in US in the Roadmap and if GE EV initiative will be joined by corporations like AT&T, UPS, Verizon, Comcast, FedEx, Pfizer and Coca - Cola among others we will have our EV revolution happening very fast. We can take it as a part of our demanded 3 steps action plan:

Now it is up to the government - how badly does it really wants jobs and how is it going to survive the Oil Shock:

"GE with its purchase of 25000 Electric Cars is the first, but very important step in electric cars mass market creation. There is a technology available to us to preserve our way of life: Electric Cars - any shortcomings like price, range and others, written and posted on every corner by mass media under the light from the Kerosene lamps - will be nothing compare to Oil Shock and the matter of survival with Oil price above 100 USD/barrel again. Technology will deal with a lot of things: battery price, range, safety - Nissan Leaf and GM Volt are already on the streets today! U.S. grid, which needs modernisation by all means, even in its today's state can support recharging of 50 million EVs overnight. Start-Ups like DBM Energy from Germany can move our expectations from Lithium technology further even today - what would you say about 375 mile rage on one charge?"

Electric Cars Investment Manifesto by FedEx and Cisco Systems:

Top CEOs including FedEx's Frederick W. Smith Unveil Plan for 16 Million Fleet Vehicles, Discuss Current State of Electrification Efforts

WASHINGTON, Nov. 15, 2010 /PRNewswire-USNewswire/ -- The business leaders of the Electrification Coalition gathered inWashington, DC, today to discuss the state of legislation designed to deploy electric vehicles and infrastructure and to release the Fleet Electrification Roadmap, a comprehensive analysis of the business case for electric-drive technology adoption among the more than 16 million commercial, corporate, and government fleet vehicles in the United States. The release event can be watched via live webcast beginning at 10:00 a.m. on Monday, November 15, at http://electrificationcoalition.org/events.php, and the full Fleet Electrification Roadmap will be available for download at the same time athttp://electrificationcoalition.org/electrification-roadmap.php.

"Since the Electrification Coalition was formed one year ago, we have made enormous progress in moving electric vehicles to the forefront of the nation's energy policy conversation," Coalition Member Frederick W. Smith, Chairman, President, and CEO of FedEx Corporation, said. "Our main focus continues to be the promotion of a comprehensive policy framework for accelerating consumer adoption of PHEVs and EVs. But it is important to consider all of the applications where electric drive technology makes sense, and what we have found is that the case is very strong for a number of fleet applications over the next five years. Fleet electrification alone will not solve our pressing energy security challenges, but by bringing costs down, it will provide a critical boost to the consumer electric vehicle market."

The Fleet Roadmap is geared toward demonstrating targeted opportunities in which the lower operating costs of electric drive vehicles, coupled with the operational norms of commercial and government fleets, could make adoption of PHEVs and EVs highly attractive. The report includes a detailed examination of commercial and government fleets, highlighting common practices that could make them significant early adopters of EVs and PHEVs. The Fleet Roadmap also identifies the most significant technological challenges facing fleet operators, and recommends targeted public policies to help overcome those challenges, including:

Tax credits for light-duty PHEVs and EVs deployed in fleets

Tax credits for medium- and heavy-duty PHEVs and EVs

Clean renewable energy bonds for infrastructure

Guarantee of residual value for the first generation of lithium-ion batteries

Federal fleet electrification, including the Postal Service

The Fleet Roadmap also presents the results of detailed total cost of ownership modeling for PHEVs and EVs in fleet applications for a number of industries. The analysis suggests that with targeted, temporary policies in place, fleet adoption of PHEVs and EVs could result in a cumulative 200,000 vehicles on the road by 2015.

PRTM, a global management consulting firm, partnered with the Electrification Coalition to provide the electric vehicle market analysis, technical input and life cycle cost modeling for the Fleet Electrification Roadmap.

The Electrification Coalition, launched in November 2009, is committed to promoting policies and actions that facilitate the deployment of electric vehicles on a mass scale in order to combat the economic, environmental, and national security threats posed by our nation's dependence on petroleum. The EC's 2009 Electrification Roadmap proposed a set of policies in which geographic areas would compete to be selected as electrification deployment communities, in which targeted, temporary financial incentives are employed so that all of the elements of an electrified transportation system are deployed simultaneously. On May 27, Republicans and Democrats in both the House and the Senate introduced legislation that largely echoed theRoadmap. A version of the legislation was approved by the Senate Energy and Natural Resources Committee on an overwhelming bipartisan 19-4 vote on July 21Harry Reid. Days later, Senate Republican Leader Mitch McConnell

About Me

Legal Disclaimer

Small Print

"Past performance is not a guarantee of future returns."

Bernard Madoff.

All opinions expressed on this Blog are personal opinions of its authors, they do not represent any official position of any companies they can be involved with now, have been involved in the past or will be involved in the future. We have chosen our anonymity as the way to protect our freedom of thinking.

There are NO Qualified Persons among the authors of this blog as it is defined by NI 43-101, we were NOT able to verify and check any provided information in the articles, news releases or on the links embedded on this blog; you must NOT rely in any sense on any of this information in order to make any resource or value calculation, or attribute any particular value or Price Target to any discussed securities.

We Do Not own any content in the third parties' articles, news releases, videos or on the links embedded on this blog; any opinions - including, but not limited to the resource estimations, valuations, target prices and particular recommendations on any securities expressed there - are subject to the disclosure provided by those third parties and are NOT verified, approved or endorsed by the authors of this blog in any way.

There is No intent of any copyright infringement in any way from the authors of this blog, we are relying on the Creative Commons in our work and in case if any owners of any content provided on this blog would like us NOT to use it, please indicate so in comments immediately.

Statements in articles on this blog other than purely historical information, historical estimates should not be relied upon, including statements relating to the companies' future plans and objectives or expected results, are forward-looking statements. News releases contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the companies' business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

This site does not constitute investment, legal, tax or other advice, nor is anything on this site a recommendation to invest in any security, or any other instrument, nor is this site to be relied upon when making investment or other decisions.

No Liability: No representation, warranty or undertaking, express or implied, is made by this Blog, its associated companies or any other person as to the reliability, accuracy or completeness of this site. In no event will authors or any of their associated companies or any of their partners, directors or other employees be liable to any person for any direct, indirect, special or consequential losses or damages of any kind arising out of any use of this site or in reliance on it from time to time, including without limitation, any loss of profit, business interruption, loss of programs or data on your equipment or otherwise.

SRSrocco reports on further deterioration of the COMEX Gold inventories available for deliveries. You can guess who is taking now a...

Total Pageviews

Dedicated to all those brave men who have been fighting the bear market in 2000 and buying the dips without understanding that they were looking straight into the abyss. Do not trust your money in anybody, for you are the one who is going to be rich or poor, not those that are advising you: always do your DD. Disclosure: We are putting our money where our mouth is.